basic terms in technical analysys Flashcards
upward trend - מגמת עלייה
every low is higher than the previous low.
down ward trend -
every high is lower than the previous low.
the stock is taking a walk to the right - דשדוש
its basically called consolidation and its a sign that the stock might reach up or get down depending on the initial trend (up/down)
Japanese candle - נר יפני
red candle and green candle, in red u got the open zone at the upper part and the close zone at the bottom.
raz showed the technique to analyze the candle trend and “ predicting “ the shape of the candle.
gap up and gap down as shown on the video
every trade day opening there might be a gap up or gap down depending on the fundamental info.
dip is also similar
head and shoulders
this shape suggests that the stock might trend up or down depending on its initial rise or dip,
the regular shape suggests a fall in the stock and vise-versa +++ the breaking of the neck area will usually lead to a sharp rise/fall.
support and resistance lines
when the stock cant get past the higher marks it is called a resistance, when the stock loops back from a bottom point its called support line
narrow path
a path the stock takes that is very zigzagi, and its characteristics are : for zigzag rise - fall , for zigzag down - rise
bull flag and bear flag
like the first explanation in deck number one the action that the
visual marker - SPY
גרף קו - גרף בר - גרף נ ר יפני
reversal
lots of ups and downs using candles, the reversal looks like the up down reversal with edgy candle and rise again
פריצת כשל - break up and break down
if the stock tries to rise above a certain level with two circular movements and just as it is starting too look like its going to rise it falls down - its called a break point - the opposite as well called a break up.
triple /double bottom / top
a double rainbow, looks like tits and it means that the stock cant get past a specific level and as a result will stay between the range of the trend lines that we will make.not necessarily a
drop and spike
dangerous and the fall shall bring the rise and vise versa . “ fall down spike and not necessarily a down trend , just sort of a reality check that gets the stock back in the opposite direction.
cup and handle - כוס וידית
a moderate up/ down trend with max/min point that resembles a glass , usually continues the trend of the movement.